Privacy News

Despite the widespread belief that Bitcoin is anonymous and private, Bitcoin and most other cryptocurrencies’ privacy isn’t always good enough by default. Bitcoin’s balances are public, and addresses cannot offer more than pseudonymity. There are some services that can help with masking transactions, but they are not popular and easy enough to gain a large user-base and they also often have fees. Some news about Bitcoin privacy is promising: the implementation of SegWit and the use of the Lightning Network might be first steps in improving privacy. Some developers are focusing on the privacy of cryptocurrencies and developing protocols suitable for private transactions. Today, there are more and more cryptocurrencies that uses different privacy technologies but have their focus on anonymous transactions. Still, popular cryptocurrencies are trying to have the feature of public transactions as they may be used in business banking.

Opinion
True innovations are a serious problem for traditional financial institutions, but fintech and crypto startups have the solution.
Big banks think new furniture is innovation, but they are wrong
Roman Potemkin
2020-11-28T09:38:00+00:00
14445
Newsletter
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded.
Law Decoded: Cents and stability, Nov. 20–27
Kollen Post
2020-11-27T17:35:37+00:00
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News
Canadian holding company dumped XMR and ETH to fund its acquisition.
Cypherpunk Holdings becomes 9th-largest public holder of Bitcoin
Sam Bourgi
2020-11-26T22:37:41+00:00
13857
News
The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S. falling behind in crypto.
US intelligence is looking at Chinese CBDC as a national security threat
Kollen Post
2020-11-25T14:45:45+00:00
14645
News
“This proposal, if adopted, would prove to be an invasion of privacy."
Crypto users speak out on proposed change to FinCEN Travel Rule
Turner Wright
2020-11-23T19:01:34+00:00
14044
News
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin.
US Fed researcher says CBDCs should beat Big Tech payments on privacy protection
Kollen Post
2020-11-23T16:27:46+00:00
6665
News
The firm claims it will be able to identify XMR used for illicit purposes to support criminal investigations.
Privacy coins no more? CipherTrace files patents for tracing Monero transactions
Turner Wright
2020-11-22T23:25:44+00:00
25769
News
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencie...
IMF lawyers argue that central banks need reform before they can issue CBDCs
Kollen Post
2020-11-20T21:23:56+00:00
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